One thing you shouldn't buy on Cyber Monday: Christmas trees!
That’s because the price of natural Christmas trees has been rising over the past few years, thanks to lingeringly tight supply in the wake of the Great Recession, as well as a labor shortage and inclement weather stunting harvests at some tree farms in Oregon, Michigan, North Carolina and Missouri over the past couple of years.
Yet some tree farmers in states whose crops have been hit especially hard have warned that tree prices could jump an extra $20 or $25. Oregon State University Christmas tree specialist Chal Landgren told MarketWatch that many farms where families can go to cut their own trees have shut down. Some owners chose to retire and had no one willing to maintain the farm. Others are facing labor shortages, so they’ve shifted to less labor-intensive crops, such as hazelnuts and grass seed.
So growers planted fewer trees after 2008. Now, a decade later, that smaller crop of trees is being harvested for the holidays. Holiday shoppers in the areas with more acute tree shortages, like Oregon, Missouri and North Carolina, may also need to start shopping earlier. “People might have to look at a couple of tree farms or local tree stands, rather than that favorite one you’ve always gone to,” he said. “Don’t wait till the week before Christmas to go buying a tree.”
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